-We start with the first proposal that sprouted this decentralized movement, Bitcoin, the first cryptocurrency(((cryptocurrency))). Bitcoin was proposed by Satoshi Nakamoto(((Nakamoto, Satoshi))) (who remains unknown to date) in a paper released in late 2008. The paper described a novel architecture built using a collection of techniques to solve the double-spending problem(((double-spending)))--a problem which had previously limited digital currency systems to those that required a centralized server or service provider. We now refer to systems that make use of these techniques as blockchains, which are a type of distributed ledger technology.
0 commit comments